(the title should have been 'Jan-plus Sales Roundup) Let's keep the stats coming; here the updated Y-O-Y comparisons for the period Jan. 1 thru Feb. 18 (and 2010 will have some additional late-reporters): Town or Area 2009 SOLDS 2010 SOLDS 2009 $/sf 2010 $/sf Carlsbad...
The ratio of active listings to pendings has been a decent gauge of the market's relative health. Here's our scorecard, historically, of the ACT/PEND ratio: 0-2 Hot market 3-4 Regular market 5-6 Market in trouble 7-8 Too many choices 9+ Freefall Here are the active...
Are you thinking, "what can I expect this year?" For those watching the new listings that are hitting the MLS these days, it may seem familiar. So far, the 2010 Spring Kick is looking much like last year's. Courtesy of our friends at Housingtracker.com, we're seeing...
When examining the pricing maze, you can also see a couple of bad comps throw a seller or buyer for a loop if they're not aware of the background. In a family-friendly, beach-close area like Terramar, where there has always been very low turnover, the last two sales...
From the latimes.com: Home sale prices in Southern California showed fresh strength in January, bouncing 8.6% from the same month one year earlier -- a period when the market was inundated with steeply discounted bank-owned properties. But compared with a particularly...
Builders pose another threat to neighborhood pricing:
The guys who made the video that aired on February 8th describing the IndyMac/FDIC/One West deal have responded to the FDIC's press release, and are standing by their story: http://www.thinkbigworksmall.com/mypage/player/tbws/23622/1580248 Apparently the FDIC doesn't...
Jinx wondered if pricing was going to be flat for a while, and I think it'll depend on the area in question. Some neighborhoods may look like they are going up in value, and others down. The low-inventory conditions makes it harder to track the actual trends - either...
Here's a snapshot of reality - though somewhat extreme, even by today's standards. The first clip shows the difference between sales of a single-story, and a two-story house on the same street, that closed a month apart. The second shows a new short-sale listing that...
